Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of increased discounti
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Judge Postpones Oral Arguments in NSSF, SAAMI Suit to Stop California Microstamping Law
Oral arguments, originally scheduled to be heard Wednesday in Fresno Superior Court, have been postponed until May 14, 2014 in the lawsuit brought by the National Shooting Sports Foundation (NSSF) and the Sporting Arms and Ammunition Manufacturers' I
Danner Opens First Retail Store in State of Washington
Danner boots announced the opening of a new retail store in Renton, WA on May 5, 2014…
RG Barry Acquired by Mill Road Capital for $215M
R.G. Barry Corporation, the parent of Dearfoams, signed a merger agreement pursuant to which Mill Road Capital, a private equity firm, will acquire all of the outstanding shares of R.G. Barry for $19.00 per share in cash, reflecting an equity value of app
Sequential Brands Group Returns to Profitability
Sequential Brands Group, the owner of Heelys, the DVS skate brand and numerous fashion brands, reported first-quarter earnings of $742,000, or 3 cents a share, rebounding from a loss of $21.5 million, or $2.96, a year ago…
RG Barry to Go Private in $215M Deal
R.G. Barry Corp., best known for the Dearfoams slipper brand, has agreed to be acquired for an estimated $215 million by Mill Road Capital, the Greenwich, CN.-based private equity firm that proposed buying it in September.
The merger will result in R.G. B
Bogs’ Q1 Revenues Climb 23 Percent
Bogs increased sales 23 percent on a wholesale basis in North America for the first quarter, according to the quarterly report from Weyco Group, Inc…
Harsh U.S. Weather, Exchange Rates Dampen Luxottica’s Q1 Results
Luxottica Group reported net sales declined 1.2 percent to €1.84 billion ($2.52 bn) in the first quarter as exchange rates trimmed sales by more than -5 percent, compounding challenges presented by harsh weather in North America that curbed sales of
RSG Acquires Detroit’s Running Fit
The Running Specialty Group (RSG)announced Thursday that it had acquired eight specialty running stores in Greater Detroit, Ann Arbor and Traverse City from co-owners Randy Step and Steve Angerman to become part of the Running Specialty Group (RSG). This
VF Outdoor Canada to Distribute SmartWool Starting in 2015
SmartWool LLC will begin operating in Canada through parent company VF Corp’s Canadian platform, VF Outdoor Canada in 2015. SmartWool will join The North Face, Vans, Reef and Jansport to take advantage of the logistical, planning and back office sup
Bogs Footwear Sustains Double-digit Growth in First Quarter
Bogs footwear sales grew 23 percent in the quarter of 2014, according to parent company Weyco Group, Inc. Weyco, which also owns the Florsheim and Nan Bush footwear brands, reported sales of $74.9 million for the quarter, an increase of 2 percent compared
SilencerCo and Noveske Announce Partnership
To start with, every Noveske rifle going forward will feature a SilencerCo muzzle device, a Trifecta RS flash hider or muzzle brake and will be ready to mount a SilencerCo silencer…
Garmin Ltd.’s Fitness Sales Surge in First Quarter
Garmin Ltd. reported revenues at its Fitness segment soared as consumers snatched up its newest Forerunner smart watches and the vivofit, the company¡¯s entry into the rapidly growing fitness band market…
Intersport Sponsors European Hockey League
Intersport is to become the Official Partner of the Champions Hockey League – the pan-European club ice hockey competition – from its launch date in August 2014, according to Infront Sports & Media, the exclusive marketing and media partner for the Champi
Backcountry.com Partners with Giro on Limited Edition MTB Shoe
Backcountry.com began taking pre-orders last week for a limited-edition Giro Empire mountain bike shoe it will begin selling exclusively at backcountry.com and CompetitiveCyclist.com June 1 for the hefty price of…
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